By: Bradley C. Smith
The EUR/USD's rise at the week's open is in line with the desire of each of the indicators that have long been dragged across the bottom of their windows. Bollinger Bands, Full Stochastics, StochRSI and RSI will breath at slightly higher altitude today, this move upward could have been justified in editorial for many days and in many ways.
Laid out on a three our timeframe, this pair shows a wide range early in the week. Though it has tested this wide range, it has decided to keep moving upward as time goes on. As the market undulates pick a downswing and ride the rise.